Development News

The demand for consumer goods had gone down as a result of money circulation decline in the country, Prime Minister Ranil Wickreme…

Sri Lanka’s government signed a loan agreement for obtaining financial assistance of US 50 million dollars from OPEC fund for In…

Questions about competence of the company and large presence of Chinese workers. India has raised concern at the highest levels of…

The Port of Colombo recorded a 16.2% growth in container handling for the 1st quarter of 2018 over the same quarter last year, acc…

The World Bank (WB) last month withdrew US$ 200 million in funds, which were earmarked for a garbage disposal project and Kelani R…

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The Office for National Unity and Reconciliation (ONUR) in partnership with the Department of Agrarian Development is planning to …

Department of Census and Statistics releases official GDP data for 2017 Economy grew by 3.1%; agriculture down by 0.8%; indus…

The recent protest over the Rs 18 billion Rajanganaya Tank Pipe Borne Drinking Water project to Tambuttegama in the 'Raja Rata' dr…

Moragahakanda reservoir will transfer the much needed water for agriculture and drinking water purposes to the dry zone areas of t…

Under guise of religious annual feast CA issues notice on Wildlife Conservation Department The Court of Appeal yesterday is…

We complete seventy years of independence next week and enter the 71st year after regaining independence. The country has progress…

Political pressure blocks tender award. The Tender Procedure for the construction of a 300MW Liquid Natural Gas (LNG) Power Plant,…

Central Bank Governor believes China offers unparalleled  opportunities for SL Says pending FTA, Belt and Road Initiative…

Experts question Swiss Challenge method for massive annual contract; best price terms cannot be obtained The Government will op…

India provides US $ 45.27 million (LKR 6.9 billion) to upgrade Kankesanthurai (KKS) Harbour and the agreement in this regard was s…

Economy stabilising, growth to rebound says Governor during Road Map launch Governor likens economy to recovering alcoholic…